Spring Cleaning: Tax Records You Can Throw Away
Spring is a great time to clean out that growing mountain of tax and financial papers that clutters your home and office. Here’s what you need to keep and what you can throw out without fearing the wrath of the IRS.
North Carolina Senate Bill Dilutes Vehicle Safety Inspection Program
North Carolina state Sen. Stan Bingham, R-Dist. 33, has introduced legislation that would harm the North Carolina state safety inspection program by exempting new vehicles from testing for their first six years. North Carolina Senate Bill 123, titled “Eliminate Motor Vehicle Safety Inspections,” was referred to the Senate Committee on Commerce.
ASA Opposes Proposed Georgia Automotive Repair Tax
Legislation has been proposed in the Georgia House of Representatives that would create a sales tax on many services of small businesses. If passed, the bill, House Bill 385, would create a new sales tax on the labor costs on services performed by automotive repair facilities.
National Car Safety Inspection Standards Proposed
U.S. Rep. Sheila Jackson-Lee (D-TX) introduced a new bill that would establish national standards for state-level vehicle safety inspections. House Bill 229 – the Michael Jon Newkirk Transportation Safety Enhancement Act of 2011 – would require states to establish minimum annual vehicle safety inspection programs or lose specific federal funds.
Bring in New Customers with New Approaches: 10 Ways to Elevate Your Shop’s Image in the Community
Although it’s been proven to be far less expensive for a company to keep existing customers than gain new ones, attracting new business remains a very important part of growing your business.
Small Businesses Seen as Engine for Economic Recovery
The Specialty Equipment Market Association (SEMA) applauded the signing into law of the “Small Business Jobs and Credit Act” (H.R. 5297), including $12 billion in tax incentives for small businesses and creating a $30 billion resource to activate greater lending to small businesses by community banks.
Senate Passes Small Business Lending Fund
The Senate has passed “The Small Business Jobs and Credit Act of 2010,” H.R. 5297, by a vote of 61-38. The bill originally passed the U.S. House of Representatives June 28, 2010, and it now returns to the House for final passage. The bill creates a $30 billion lending fund that will be distributed to regional banks that will in turn lend to small businesses.
Pennsylvania Legislator Proposes Motor Vehicle Airbag Fraud Prevention Act
Pennsylvania Rep. Matthew Bradford, D-District 70, has introduced a bill to penalize fraudulent practices regarding airbag installation and reinstallation.
Wheel Weight Maker Hosts Free Webinar
Perfect Equipment is sponsoring a free webinar on Oct. 7 to help the industry transition from lead wheel weights to non-lead alternatives.
Lineup for AAPEX Learning Forum Hot Topic Sessions
Among the 30 education sessions scheduled for the Automotive Aftermarket Products Expo (AAPEX) Learning Forum, six hot topic sessions will focus on timely issues impacting all channels of the aftermarket. Topics include new OEM engine oils, imports, health care legislation, consumer buying habits, global markets and strategies for economic downturn.